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US stocks drift toward their record after erasing almost all their 20% springtime drop

NEW YORK (AP) — The U. S. stock market is drifting toward the brink of another record. The S&P 500 was 0. 4% higher in early trading and just 0. 5% below its all-time high, which was set in February. The Dow Jones Industrial Average was up 207 points, or 0. 5%, as of 9:35 a. m. Eastern time, and the Nasdaq composite was 0. 4% higher. McCormick, the seller of cooking spices, helped lead the way and rallied 5. 3% after delivering a better-than-expected profit report. The company also gave a to...

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